Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.47

-4.5%

Dec 17 3:59 PM EST

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To: Andie Wei-Ku Lin who wrote (18408)	10/20/1997 12:35:00 PM
From: Tim Luke	of 61433

<< what is you cut-the crap outlook for asnd, minus the smart-ass remarks?>> The same as I have been saying for the last month, ASND WILL NOT outside of new owners (which I don't see happening) break and hold 40 until after the new year. You have to put aside you partial feelings and realize they have hit a wall and its going to take major news for it to break that wall down.COMS and CSCO are doing fine atleast better then asnd. In my opinion its still going to take a minimum of 4 months for you to see 40 +. As for the takeover or "takeunder" rumors hurting or helping the stock. Well thats an easy question to answer, it only helps the day trader. I think today should tell you that, the day traders took full advantage of that on Thursday and Friday. Of course these rumors hurt the stock, it makes it look like the only way the stock can make any gains is on rumors. Its not moving on any of the good news that comes out. I'm sorry if you don't like my smart-ass remarks as you see them but you have to be realistic about whats going on with the stock and treat it as a stock not a member of your family.

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